Patterson-UTI Energy (PTEN) Competitors

$11.31
+0.25 (+2.26%)
(As of 05/17/2024 ET)

PTEN vs. HP, RIG, VAL, HPK, VIST, SSL, NOG, ORA, WHD, and ERF

Should you be buying Patterson-UTI Energy stock or one of its competitors? The main competitors of Patterson-UTI Energy include Helmerich & Payne (HP), Transocean (RIG), Valaris (VAL), HighPeak Energy (HPK), Vista Energy (VIST), Sasol (SSL), Northern Oil and Gas (NOG), Ormat Technologies (ORA), Cactus (WHD), and Enerplus (ERF). These companies are all part of the "oils/energy" sector.

Patterson-UTI Energy vs.

Helmerich & Payne (NYSE:HP) and Patterson-UTI Energy (NASDAQ:PTEN) are both mid-cap oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, media sentiment, risk, valuation, profitability, analyst recommendations, institutional ownership, dividends and community ranking.

96.1% of Helmerich & Payne shares are held by institutional investors. Comparatively, 97.9% of Patterson-UTI Energy shares are held by institutional investors. 4.4% of Helmerich & Payne shares are held by company insiders. Comparatively, 2.3% of Patterson-UTI Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Helmerich & Payne has a net margin of 12.84% compared to Helmerich & Payne's net margin of 4.07%. Patterson-UTI Energy's return on equity of 13.21% beat Helmerich & Payne's return on equity.

Company Net Margins Return on Equity Return on Assets
Helmerich & Payne12.84% 13.21% 8.31%
Patterson-UTI Energy 4.07%7.13%4.57%

Patterson-UTI Energy received 104 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.27% of users gave Patterson-UTI Energy an outperform vote while only 54.52% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Helmerich & PayneOutperform Votes
693
54.52%
Underperform Votes
578
45.48%
Patterson-UTI EnergyOutperform Votes
797
62.27%
Underperform Votes
483
37.73%

Helmerich & Payne presently has a consensus price target of $42.00, suggesting a potential upside of 9.12%. Patterson-UTI Energy has a consensus price target of $15.67, suggesting a potential upside of 38.52%. Given Helmerich & Payne's stronger consensus rating and higher possible upside, analysts plainly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Helmerich & Payne
2 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.90
Patterson-UTI Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

Helmerich & Payne has higher earnings, but lower revenue than Patterson-UTI Energy. Helmerich & Payne is trading at a lower price-to-earnings ratio than Patterson-UTI Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Helmerich & Payne$2.87B1.32$434.10M$3.5011.00
Patterson-UTI Energy$4.15B1.10$246.29M$0.6816.63

Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.6%. Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 2.8%. Helmerich & Payne pays out 28.6% of its earnings in the form of a dividend. Patterson-UTI Energy pays out 47.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Patterson-UTI Energy has raised its dividend for 3 consecutive years. Patterson-UTI Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Helmerich & Payne has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500. Comparatively, Patterson-UTI Energy has a beta of 2.23, suggesting that its share price is 123% more volatile than the S&P 500.

In the previous week, Helmerich & Payne had 6 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 12 mentions for Helmerich & Payne and 6 mentions for Patterson-UTI Energy. Patterson-UTI Energy's average media sentiment score of 1.49 beat Helmerich & Payne's score of 1.37 indicating that Helmerich & Payne is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Helmerich & Payne
8 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Patterson-UTI Energy
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Patterson-UTI Energy beats Helmerich & Payne on 12 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PTEN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PTEN vs. The Competition

MetricPatterson-UTI EnergyDrilling oil & gas wells IndustryEnergy SectorNASDAQ Exchange
Market Cap$4.54B$1.22B$8.70B$7.98B
Dividend Yield2.83%3.55%11.68%3.91%
P/E Ratio16.638.0612.1918.77
Price / Sales1.102.6832.3785.85
Price / Cash4.468.8611.9631.98
Price / Book0.960.782.974.64
Net Income$246.29M-$199.48M$994.91M$217.28M
7 Day Performance3.86%1.90%1.84%2.90%
1 Month Performance-1.74%0.33%3.17%6.66%
1 Year Performance6.10%1.31%7.41%9.89%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HP
Helmerich & Payne
3.0034 of 5 stars
$38.59
+0.4%
$42.00
+8.8%
+17.6%$3.81B$2.87B11.036,200Short Interest ↓
Analyst Revision
Positive News
RIG
Transocean
4.6787 of 5 stars
$5.73
+0.9%
$7.70
+34.5%
+4.0%$4.69B$2.83B-11.015,800Insider Buying
VAL
Valaris
3.4237 of 5 stars
$71.90
+1.6%
$100.00
+39.1%
+31.8%$5.21B$1.78B6.295,985News Coverage
HPK
HighPeak Energy
1.6571 of 5 stars
$14.39
+0.1%
$22.10
+53.6%
+5.9%$1.85B$1.11B9.1148Positive News
VIST
Vista Energy
1.5651 of 5 stars
$46.55
+1.9%
$51.00
+9.6%
+135.1%$4.32B$1.17B13.49299
SSL
Sasol
3.0484 of 5 stars
$7.22
+0.3%
N/A-37.7%$4.58B$16.30B0.0029,073Positive News
NOG
Northern Oil and Gas
4.1078 of 5 stars
$40.72
+0.3%
$47.90
+17.6%
+29.2%$4.12B$2.17B6.6038Analyst Forecast
ORA
Ormat Technologies
4.655 of 5 stars
$68.07
+0.6%
$81.00
+19.0%
-13.9%$4.11B$829.42M32.571,576Analyst Forecast
Analyst Revision
WHD
Cactus
3.2213 of 5 stars
$51.47
-0.4%
$55.14
+7.1%
+45.3%$4.08B$1.10B20.511,600Analyst Revision
News Coverage
ERF
Enerplus
2.6336 of 5 stars
$19.86
+0.4%
$21.69
+9.2%
+37.9%$4.06B$1.69B9.46404Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage

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This page (NASDAQ:PTEN) was last updated on 5/19/2024 by MarketBeat.com Staff

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